At Guaranty Bank, we believe that being rooted in our communities means more than just banking—it means stepping up to meet real needs in meaningful ways. This October, our branches are proud to participate in Socktober, a nationwide movement with a simple but powerful mission: collect socks and undergarments for neighbors in need.

What Is Socktober?

Socktober began as a grassroots campaign to raise awareness for those experiencing homelessness and poverty. Shelters and local aid organizations consistently list new socks and undergarments as their top requested items, yet they’re often overlooked in donation drives. By participating in Socktober, communities across the country are making sure those essential items reach the people who need them most.

Why It Matters

It may seem small, but a new pair of socks or undergarments can make a meaningful difference in someone’s daily life. From comfort and warmth to restoring dignity, these items help meet basic human needs.

By joining Socktober, Guaranty Bank’s participating branches are strengthening ties to their local communities by partnering with local organizations. Each branch that takes part has selected a community partner to receive and distribute donations, ensuring that your contributions stay close to home and directly benefit neighbors in need.

How to Get Involved

If your local Guaranty Bank branch is participating, you’ll find a Socktober collection box in the lobby throughout the month of October. Simply drop off new socks and undergarments in any size (children, women, or men).

Not every branch is participating this year, but those that are will proudly display information about their chosen community partner and how the donations will be used.

Branch Partnerships

• Fulton Main → partnering with Salvation Army
• Belmont → partnering with South Tishomingo County Food Pantry
• Starkville → partnering with Mississippi Department of Child Protection Services, Oktibbeha County
• Hernando → partnering with Healing Hearts

(Check back soon for more updates!)

Together, We Can Make a Difference

Socktober is more than a donation drive—it’s a reminder that small acts of kindness add up to big impacts. We’re proud to support this cause and invite you to join us in bringing comfort and dignity to those who need it most.

Bring your socks. Bring your undergarments. Bring your heart. Together, we can make a difference.

Credit can either be a steppingstone or a stumbling block, it all depends on how you manage it. The good news? With a few smart strategies, you can take back control, reduce stress, and save serious money in the long run. Here are some practical ways to think differently about your credit and debt.

Understand Interest vs. Principal

Every time you make a loan payment, part of it goes toward interest (what the lender charges you to borrow money) and part of it goes toward principal (the amount you actually borrowed). Early in the loan, a bigger share of your payment usually goes to interest. That means progress on the principal can feel slow.

The key: always know how much of your payment is going where. Many online loan portals will show you a breakdown. When you understand this, you’ll see how even a small extra payment toward principal can tip the balance in your favor, reducing the total interest you’ll pay.

The Power of Extra Payments

When you pay more than the minimum, that extra goes directly to reducing your principal balance. Less principal means less interest accrues and that can take years off your loan term. For example, on a 30-year mortgage, even one extra payment per year can shave off several years and thousands of dollars in interest.

The strategy: add a little each month. Be sure to specify “apply to principal” when you make the payment so the lender doesn’t treat it as an early payment for next month.

Consider Debt Consolidation Carefully

Juggling multiple payments across different credit cards or loans can feel overwhelming. Consolidation rolls them into one loan, often with a lower interest rate. This can simplify your finances and reduce stress.

But there’s a catch: if the new loan stretches out your payoff period too long, you could end up paying more in total interest, even with a lower rate. Before consolidating, compare the total cost over the life of the new loan versus what you’re currently on track to pay.

Set a “Debt-Free Date”

Debt feels endless when you don’t have a finish line. That’s why setting a “debt-free date” is so powerful. It gives you a clear target and motivation to stick with your plan.

Work backward: figure out how much extra you’d need to pay each month to hit your date. For example, if you want to be debt-free in five years instead of ten, run the numbers with an online calculator. Suddenly, your dream becomes a realistic plan, not just a hope.

Refinance Only If It Makes Sense

Refinancing can lower your interest rate and monthly payments, but it’s not always a slam dunk. That’s because refinancing isn’t free. It typically comes with closing costs, appraisal fees, and other expenses that you pay upfront or roll into the new loan. This is where the idea of a “break-even point” comes in. Your break-even point is the moment when the savings from your lower monthly payment finally outweigh the cost of refinancing.

Ask yourself: how long do you plan to stay in the loan? If you’re likely to sell your home, trade in your car, or pay off the loan early, refinancing may not pay off. If you’ll be sticking with it past the break-even point, though, it could be a smart move.

Be Proactive, Not Reactive

Credit doesn’t have to be overwhelming. By paying attention to where your money is going, making strategic extra payments, setting a clear payoff date, and carefully weighing consolidation or refinancing options, you can move from feeling trapped by debt to being in control of your financial future.

Small, consistent actions add up. The sooner you start, the sooner you’ll reach your “debt-free” moment.

At Guaranty Bank, we believe saving shouldn’t feel overwhelming. That’s why this National Get Smart About Savings Day is the perfect time to talk about not only how to save smarter, but also how our tools can help you get there faster.

Your Savings Goals Made Simple

Inside our mobile app, you can set up customized Savings Goals for anything you have in mind: a family vacation, a new car, home repairs, or simply peace of mind. Each goal has its own fund, and you can personalize them with nicknames like Disney Trip, Rainy Day, or New Roof.

Why does this matter? Psychology shows that money feels more secure when it’s connected to a specific goal. You are less likely to touch funds labeled New Car than you are to dip into something called Savings. Our app helps you put this into practice by keeping your savings organized, your goals clear, and your progress easy to track—all right from your phone.

Smarter Saving Strategies You Can Start Today

1. Increase Savings When Income Grows

When you receive a raise or bonus, it’s tempting to upgrade your lifestyle with nicer dinners, new gadgets, or pricier vacations. Instead, commit to increasing your savings first. For example, if your paycheck grows by $200 a month, set up an automatic transfer of at least $100 into your savings account. You were already comfortable before the raise, so channeling that extra money into your goals helps you build wealth without feeling deprived.

2. Split Certificates of Deposit (CDs)

CDs are a safe way to grow savings, but locking everything into one term can limit flexibility. A smarter strategy is called “laddering.” Split your money into several CDs with different maturity dates such as 6 months, 12 months, and 24 months. This way, you will always have some funds coming available without penalties while still taking advantage of higher interest rates on longer terms. It balances access with growth.

3. Turn Debt Payments into Savings

Paying off a loan is a huge win. Now, do not let that momentum fade. Redirect the same monthly payment amount into your savings account. For example, if you were paying $350 on a car loan, keep “paying” yourself $350 each month. You are already used to living without that money, and this simple habit can snowball into a significant emergency fund or down payment in just a few years.

4. Add Healthy Friction

Sometimes the easiest way to save more is to make spending harder. Consider opening a separate savings account at another bank, ideally one that does not come with a debit card. The slight inconvenience of transferring money back before spending can be just enough to stop impulse buys. Friction is not a bad thing when it protects your goals. It builds in a pause before every “should I buy this” decision.

5. Write Down Your “Why”

Money itself is not motivating. It is the reason behind it that matters. Write down your personal “why” for saving such as a secure retirement, a dream trip, or the peace of mind that comes with having an emergency fund. Keep it visible, maybe as a note in your wallet or background on your phone. When you are tempted to splurge, reminding yourself of that bigger purpose can help you stay the course.

6. Use the 50-30-20 Rule for Windfalls

Windfalls like tax refunds or gifts can disappear quickly if you are not intentional. Try this simple formula: 50% into savings, 30% for fun, and 20% toward debt or essentials. This balance lets you enjoy the moment while still fueling your financial future. For example, if you get $1,000, you will have $500 strengthening your savings, $300 for guilt-free enjoyment, and $200 making your life easier.

7. Save First, Spend Second

Most people pay bills and spend money first, then save what is left if anything. Flip the script. Set up an automatic transfer into savings as soon as your paycheck lands, even if it is just a small percentage. By prioritizing savings, you guarantee progress toward your goals and train yourself to live within your adjusted budget. It’s like paying yourself first.

8. Try a “No-Spend” Weekend

Commit to one weekend a month where you only spend on true essentials such as groceries, gas, and bills. Skip eating out, shopping, or entertainment that costs money. At the end, move the leftover funds into your savings account or a specific goal in the Guaranty Bank app. These small experiments can save you $50 to $150 in just a few days while showing you how much fun can come from free activities.

9. Open Multiple Savings Goals in the App

Guaranty Bank’s Savings Goals feature makes it easy to organize your money with purpose. Instead of keeping all savings in one lump sum, create personalized goals with nicknames like “Vacation 2026,” “Home Repairs,” or “Emergency Fund.” Breaking it down this way helps you track progress clearly and stay motivated. Plus, seeing each goal grow is more satisfying than watching a single, vague balance.

10. Adjust Your Plan Regularly

Your life will not stay the same, and neither should your savings plan. Every few months, check in with your priorities. Maybe you have welcomed a new child, started planning for a wedding, or decided to remodel your home. Adjust your Savings Goals in the app to reflect these changes. Regular check-ins ensure your money is always working toward what matters most right now, not what mattered a year ago.

Why It Matters

We know saving is more than dollars and cents. It’s the comfort of knowing you can handle a car repair, the joy of finally booking that dream trip, and the peace of mind that comes with being prepared. Our Savings Goals feature is designed to make saving smarter, simpler, and more personal—because your goals matter, and so does the path you take to reach them.

Ready to Get Started?

This National Get Smart About Savings Day, open your Guaranty Bank mobile app and set up your first Savings Goal. Start small, stay consistent, and watch how quickly your future begins to take shape.

Because at Guaranty Bank, we’re not just about banking. We’re about building brighter futures, one smart savings step at a time.

At Guaranty Bank, we believe banking should be about people, not just paperwork. That’s why we’re so proud to offer a homebuying program designed with real families, real goals, and real challenges in mind. The SAFE Homebuying Program, Safe Affordable Family Energy-Efficient Home Loan, is opening the door to homeownership for more of our neighbors across our communities.

More Than a Mortgage. It’s a Mission.

Owning a home is a dream that many share, but for some, it can feel just out of reach. Whether it’s credit history, down payment hurdles, or limited income, there are barriers that hardworking families often face. The SAFE program was created to help lower those barriers and raise up opportunities. We’re not just talking about buying a house. We’re talking about building a future where stability, growth, and pride of ownership go hand in hand.

A Program Built for People

The SAFE program is specifically designed for low- to moderate-income households, with features and support that reflect our commitment to meeting people where they are:

• Financing up to $275,000,
• Minimum credit score of 620 for at least one borrower
• Matched savings of up to $1,000
• No pre-payment penalties
• Fixed rate for peace of mind.

This isn’t just about buying. SAFE also supports home repairs, renovations, and even new construction. Every journey looks different, and we’re here to walk beside you every step of the way.

Learning, Growing, Owning

At Guaranty Bank, we believe in educating and empowering our customers. SAFE participants are offered pre- and post-homebuyer education, financial literacy resources, and personal credit counseling as needed. This is more than a checklist, it’s a complete approach to setting our customers up for success, not just for closing day, but for the years of homeownership ahead.

Rooted in Community

Our culture at Guaranty Bank is built around performance, heart, and human connection. SAFE reflects who we are. We are a bank that listens, uplifts, and leads with integrity. Whether you’re buying your first home, making improvements to the one you already love, or building something brand new from the ground up, we’re honored to be part of your story. Because when our communities thrive, we all rise.

Let’s Make Home Happen

Interested in learning more? Visit your nearest Guaranty Bank branch or scan the QR code on our printed materials to explore next steps. We’re here to help, every step of the way. Loan specifics are subject to change and are subject to final underwriting approval. Program is valid through July 1, 2026.

BELZONI, MS — Hue Townsend, CEO of Guaranty Bank, is excited to announce that Andrew Roberson has joined the bank as Vice President/Commercial Relationship Banker in Greenwood.

A native of Greenwood, Andrew is a 2004 graduate of Pillow Academy. He continued his education at Mississippi Delta Community College and the University of Mississippi before beginning a 16-year career in agriculture as an equipment salesman. His extensive experience working alongside farmers across the Delta has given him unique insight into their needs and challenges, making him a strong advocate for agricultural clients.

Andrew’s deep knowledge of agriculture and his long-standing community relationships make him well positioned to help strengthen and expand Guaranty Bank’s ties with farmers and ag-related businesses throughout the region.

He has also dedicated his time to service and leadership within the community. Andrew is a past President of the Greenwood Youth Baseball/Softball Foundation and the Greenwood Exchange Club, where he now continues his service as a member of the Board of Directors. He is also an active member of St. Johns Methodist Church, where he serves as an usher.

“Andrew’s understanding of agriculture, his deep community connections, and his proven leadership make him an excellent addition to our team,” said Mickey Naaman, Regional President of Guaranty Bank. “We look forward to the relationships he will strengthen and the new opportunities he will help create for farmers and businesses across the Delta.”

Andrew and his wife, Carre Earnest Roberson, a University of Mississippi graduate and RN at Greenwood Leflore Hospital Cancer Center, have been married for 16 years. They are the proud parents of two daughters, Mary Countiss (15) and Ella (12).

Outside of work, Andrew enjoys traveling with family and friends, hunting, fishing, and staying actively engaged in the Greenwood community.

About Guaranty Bank

Since 1943, Guaranty Bank has been a trusted financial partner for individuals, families, and businesses across Mississippi. From everyday banking to business services and beyond, our commitment is simple: to help our customers thrive. Learn more at gbtonline.com.

BELZONI, MS – Hue Townsend, CEO of Guaranty Bank, is pleased to share that the board of directors has approved the promotion of Deon Harmon to Assistant Vice President/Regional Retail Manager for Guaranty Bank’s Memphis/Desoto County region. Since joining Guaranty Bank in August 2022, Deon has consistently demonstrated exceptional leadership, customer-first mindset, and a deep commitment to high-performance in retail banking.

Originally from Sallis, Mississippi, Deon is a graduate of McAdams High School. He continued his education at Holmes Community College, later earning degrees from both Mississippi State University and Ashford University. A dedicated academic, Deon was recognized as an honors student during his studies.

Deon began his career at Guaranty Bank as Senior Universal Banker, where he quickly built a reputation for connecting customers and lead with purpose. His progression into leadership roles—including Manager and Assistant Manager—speaks to his integrity, drive, and natural leadership.

Deon is a dedicated member of Phi Beta Sigma Fraternity Inc., and an active participant at Brown Missionary Church in Southaven, MS. He enjoys traveling and giving back through church activities.  As the second to three brothers, Deon holds a deep appreciation for faith, family, and community – values are reflected in his leadership every day.

“Deon has a gift for inspiring people and leading with authenticity,” said Dan Reid, Regional President of Guaranty Bank’s Memphis Market. “He builds trust with his team and our customers, and he’s already making a difference in the Memphis/Desoto County market. We’re fortunate to have his heart, his work ethic, and his leadership on our team.”

Guaranty Bank is proud to recognize Deon’s contributions and leadership. His continued success in this new role is expected to enhance Guaranty Bank’s presence across the Memphis and Desoto areas, furthering the bank’s mission to deliver exceptional service and meaningful financial solutions.

About Guaranty Bank:

At Guaranty Bank, we believe banking should be personal, purposeful, and rooted in the communities we serve. With experienced professionals and tailored financial solutions, we’re dedicated to supporting individuals, families, and businesses every step of the way. Learn more at gbtonline.com.

BELZONI, MS – Hue Townsend, CEO of Guaranty Bank, is proud to announce that the board of directors has approved the promotion of Jason Nichols to Executive Vice President. Jason currently serves as the bank’s Chief Information Officer and has been an essential leader on the Guaranty Bank team since August 2012, playing a pivotal role in advancing the bank’s technology infrastructure and security initiatives.

“Jason brings a disciplined approach to innovation that strengthens our ability to serve clients with excellence,” said Hue Townsend, CEO of Guaranty Bank. “His leadership in technology and operations positions us for scalable, secure growth in a rapidly evolving financial landscape.”

A native of Glen Allan, Mississippi, Jason graduated from Washington High School and went on to earn both a Bachelor’s degree in Accountancy and a Master’s degree in Professional Accountancy from Mississippi State University. He further sharpened his expertise by completing the prestigious LSU Graduate School of Banking.

Jason holds credentials as a Certified Public Accountant (CPA) and Certified Fraud Examiner (CFE), offering a rare combination of technical proficiency and strategic oversight. His insights have contributed significantly to Guaranty Bank’s commitment to operational excellence and cybersecurity.

In addition to his professional accomplishments, Jason is deeply engaged in community and industry leadership. He serves as a Board Member, Treasurer, and Executive Team Member for the Southern Financial Exchange, where he actively contributes to shaping the future of financial services in the region.

He lives in Chatham, MS, with his wife, Sarah, and their three children: Sophie (12), Bennett (8), and Charlie (3). Outside of work, Jason enjoys outdoor activities, fitness, travel, snow skiing, and time with family and friends.

Guaranty Bank looks forward to Jason’s continued leadership and the forward-thinking innovation he brings to the organization.

About Guaranty Bank:

Guaranty Bank is committed to delivering outstanding banking services with a personal touch. Backed by a skilled team and driven by a passion for excellence, we offer a full range of financial solutions—from personal banking to business services—designed to help clients achieve their goals. www.gbtonline.com

Belzoni, MS – Hue Townsend, CEO, is proud to welcome Carrie Sebring to the team as BSA Officer within the BSA Department.

Carrie joined Guaranty Bank on February 7, 2025, bringing more than three decades of banking experience to her new role. With over 22 years specifically dedicated to BSA leadership and compliance, she brings a deep understanding of regulatory standards and a proven track record in managing complex compliance programs. Prior to joining Guaranty Bank, she served in a similar capacity at Cadence Bank.

Originally from Tupelo, Mississippi, Carrie is passionate about building strong, compliant systems that protect both the bank and its customers. Her thoughtful approach, experience, and eye for detail make her a valuable asset to our team.

Outside the office, Carrie enjoys life on the lake where she lives. She’s an avid paddleboarder and nature lover—and her Yorkie, Eli, often joins her out on the water. She’s married to Carey Sebring and has two adult children, Madison and Jackson.

We’re excited to have Carrie on board and look forward to all she will bring to Guaranty Bank.

About Guaranty Bank:

 At Guaranty Bank, we’re committed to providing personalized financial services that meet the needs of our customers and communities. With a team of dedicated professionals and a customer-first mindset, we’re here to help you reach your goals—every step of the way. www.gbtonline.com

Tax season brings more than just paperwork – it also attracts scammers. Stay ahead of the game with these important tips to protect yourself and your finances.

• Stay Informed: Keep up with the latest scams and tactics used by scammers.
• Verify Contacts: The IRS won’t call, email, or text you without prior contact by mail.
• Use Security Software: Install and maintain antivirus software, firewalls, and email filters.
• Shred Sensitive Documents: Shred old tax returns and documents containing personal information.
• Report Suspicious Activity: If you suspect a scam, report it to the IRS and local authorities.

Remember: Be cautious of emails or messages asking for personal or financial information. Never send sensitive information over the web without encryption.

Guaranty Bank is pleased to announce the appointment of J. Blake Murphy as Chief Risk Officer within the Administration and Risk Management department. Blake officially joined the bank on February 18, 2025, bringing with him a wealth of experience in financial risk management, regulatory compliance, and strategic oversight.

A Jackson, Mississippi native, Blake earned both his Bachelor of Accountancy and Master of Accountancy from the University of Mississippi in Oxford. He further enhanced his banking expertise by completing the Graduate School of Banking at LSU. A member of the Beta Alpha Psi honor society in Accountancy at Ole Miss, Blake holds prestigious industry certifications, including Certified Public Accountant (CPA), licensed in Mississippi and Tennessee, and Certified BSA/AML Professional (CBAP). He is also an active member of the American Institute of CPAs (AICPA) and the Mississippi Society of CPAs (MSSCPA).

Blake is deeply engaged in community service and leadership, having previously served as Treasurer and Board Member for Goodwill Industries of Mississippi and President of his neighborhood HOA. He has also coached and managed youth sports through the YMCA, AAU, and regional soccer clubs and has been a Discipleship Group Leader at his church.

Currently residing in Little Rock, Arkansas, Blake and his wife, Lisa, will be relocating to Mississippi. They have one daughter, Meghan, who is in her third year at Ole Miss. Outside of work, Blake enjoys attending Ole Miss sporting events, traveling with his family, hiking with their rescue dog, Josie, and playing an occasional round of golf.

Guaranty Bank is excited for Blake’s leadership in this new role and looks forward to the positive impact he will bring to the organization and the communities it serves.

About Guaranty Bank: Guaranty Bank is dedicated to delivering exceptional banking services with a focus on personalized solutions, community engagement, and financial expertise. Our team of professionals is committed to helping individuals and businesses achieve their financial goals.